A day before an assassination attempt on Trump, Texas-based financial planning firm Austin Private Wealth, LLC purchased put options on 12 million shares of DJT Media. This is the firm's largest short position ever, accounting for 6% of the total shares and more than 16% of DJT's available shares.
The timing of this move is particularly notable, occurring just before the Republican National Committee (RNC) event where Trump's nomination was expected to boost DJT stock. Market watchers were already anticipating a rise in DJT shares following President Biden’s debate and interview performances.
Adding to the intrigue, Austin Private Wealth amended its filing on July 16, removing its put option on DJT. The firm stated the original filing was erroneous due to a third-party provider applying a multiplier that increased the share count by 10,000 times for all option contracts, not just DJT.
The unusual timing and scale of the put option purchase, followed by the correction of a significant error, casts a shadow over the firm's activities.
WSPN, a world-renowned digital payment company, announced the appointment of Mr. Austin Campbell, an expert in the stablecoin and digital asset markets, as the company's CEO for the United States.
JinseFinanceThe Kingdom of Bhutan, a small South Asian country with a land area of 38,400 square kilometers and a population of only 885,000, has a backward economy but is a major Bitcoin holder and is expected to become a big winner in the digital economy era.
JinseFinanceFaced with the risk of token unlocking caused by "high FDV and low circulation", VC is experiencing the "hellish difficulty" of the primary market. VC tokens have become "paper wealth". How will the game between wealth and risk play out?
JinseFinance
WenJunLatin America anticipates the pinnacle event in finance, trading, and investments: Wealth Expo 2024, orchestrated by Upcon, a pioneering firm in educational blockchain, cryptocurrency, and trading events. This forum aims to gather regional experts and enthusiasts to delve into the latest financial trends across three stages in Peru (July), Mexico (August), and Colombia (November).
Xu LinThe Securities and Exchange Commission wants to hear from Tron founder Justin Sun, rapper Soulja Boy and YouTube pop star Austin Mahone over crypto token Tronix.
TheBlockRecently, the Crypto Poker Night event was concluded. As the sponsor of the event, CoinEx and local participants, including leaders, ...
BitcoinistPopular Japanese figurines known as Maneki-Neko are seen to bring good luck and wealth to their owners. In light of ...
BitcoinistTexas' second-fastest-growing city will begin exploring policy capabilities to accept bitcoin as a payment option and integrate other Web3 applications to improve residents' lives.
CointelegraphAn Austin resident is a proud homeowner after securing a loan denominated in USDC stablecoin over the Polygon network by using their credit score.
Cointelegraph